Sky News Business Channel

Sky News Business Channel
Launched 7 January 2008[1]
Closed 29 September 2018
Owned by Australian News Channel
(News Corp Australia)
Picture format 576i (SDTV 16:9)
1080i (HDTV)
Slogan Australia's Business Channel
Country Australia
Language English
Replaced by Your Money
Sister channel(s) Sky News Australia
Sky News Weather Channel
Sky News Extra
Website www.skynews.com.au/business
Availability
Satellite
Foxtel Channel 601
Cable
Foxtel Channel 601

Sky News Business Channel (also known as Sky News Money during primetime[2] and Sky News Real Estate on Saturdays[3]) was an Australian 24-hour pay television business news channel, available nationally on the Foxtel subscription platform and via mobile through Foxtel Go.[4]

It was owned by Australian News Channel, which also owns news-focused sister channel Sky News Live.

History

Former Sky News Business logo
Sky News Money logo, used when the channel is rebranded during primetime on weekdays
Sky News Real Estate logo, used when the channel is rebranded on Saturdays.

Australian News Channel (ANC) announced it was to launch Australia's first national business channel in 2008, at the onset of the Global Financial Crisis. It was officially launched on January 31, 2008 at the Australian Securities Exchange.[5] Sky News Business would utilise and simulcast content from Fox Business Network in the United States.[6] In turn, Fox Business Network would air coverage from Sky News Business in order to provide Australian financial news coverage to American audiences.

The channel would also utilise the resources of the SkyUK Business News service in the UK, and Reuters Television.[7] At launch, it was claimed the channel will include 16 hours of locally produced content daily.[5]

James Daggar-Nickson is business editor and channel manager of Sky News Business.[8]

From 6 July 2015, Sky News Business rebrands as Sky News Money between 6:30 pm and 6 am weeknights.[2]

The channel is available in high definition which launched on the 19th January 2016.[9]

From 2016, the channel rebrands as Sky News Real Estate on Saturdays, broadcasting rolling coverage of live auctions, property advice and listings for six hours from 8,30 am Sydney time. Now hosted by Sophie Hull and James Treble, the programming is produced in conjunction with REA Group.[3]

In June 2018, it was announced that ANC would enter into a joint venture with the Nine Network to create Your Money, a business news channel that replaced the Sky News Business Channel on Foxtel channel 601 and also be available free-to-air through Nine on channel 95 and on channel 85 in Darwin and Northern NSW and Gold Coast.[10][11] It launched on 1 October 2018.[12]

Reception

Sky News Business Channel was Australia's only business and finance focused news channel. Foreign business news channels CNBC and Bloomberg Television are also available on the Foxtel platform.

Sky News Business reaches close to 268,000 different people on average each week, with 72% of viewers being male, 28% of Sky News Business viewers are people 40-54 and 38% aged 55–69.[13]

Bureaus

The Sky News Business studio is located within the Sky News centre at Foxtel's headquarters in the Sydney suburb of Macquarie Park. Sky News Business also uses the resources of the Sky News network of bureaus and reporters across Australia and New Zealand.

It is common for Sky News Business reporters to report from Exchange Square, within the Headquarters of the Australian Securities Exchange for ASX updates, as well as Outside the Reserve Bank of Australia in Martin Place, Sydney when news is expected from the Reserve Bank.

Third party crosses

Sky News Business has live camera links to Australia's major financial institutions. The channel features regular breaking news, commentary and analysis from leading Australian economists, fund managers, brokers and analysts at ANZ, NAB, Westpac and Commonwealth Bank.

Sky News Business also had live camera links to Commsec, Macquarie Bank, CMC Markets, OptionsXpress, Bell Direct, JP Morgan, OzForex, and other financial institutions in which it has commercial arrangements.

Programming

Sky News Business Channel consisted of live rolling coverage of and analysis of the ASX and international markets, finance and economic news and personal investment trends throughout the day on weekdays, with replays of analysis or specialty programs after 9:30pm AEST weeknights and all weekend.

Current programming

  • First Business
  • Trading Day
  • Lunch Money
  • At The Close
  • Market Day
  • Market Moves
  • MediaWeek
  • Business Agenda
  • The Perrett Report[14]
  • Switzer [15]
  • Your Money Your Call[16]
  • Business Night
  • RatesLIVE
  • Business View
  • Business Success
  • Business Class
  • LawTV

Former programming

  • Market Express
  • On The Record with Carson Scott
  • Read and Profit
  • Rates Reaction
  • Social Business
  • The Week In Business
  • Sunday Business

Special programming

On April 25, 2015 the Sky News Business Channel aired an episode of American series 20/20 in simulcast with U.S. network ABC, featuring an interview with Caitlyn Jenner (then Bruce).[lower-alpha 1][18]

Notable presenters

Current presenters

  • Sophie Hull — Sky News Real Estate
  • James Treble — Sky News Real Estate
  • Leanne Jones
  • Ingrid Willinge
  • James Dagger-Nickson
  • Peter Switzer

Former presenters

See also

  • Sky News Live, sister channel of Sky News Business Channel and primary channel of Australian News Channel Pty Ltd.
  • Your Money (TV channel) The channel replacing Sky News Business Channel, a 50/50 joint venture of Australian News Channel Pty Ltd and Nine Entertainment Co. via Australian Money Channel Pty Ltd and also replacing Extra

Notes

  1. ↑ Jenner changed her name due to gender transition in 2015.[17]

References

  1. ↑ {{cite journal | journal =MediaWeek | title =The launch of the Sky News Business Channel| date =28 January 2008 }}
  2. 1 2 Knox, David (6 July 2015). "SKY News Business to become SKY News Money in primetime". TV Tonight. Retrieved 6 July 2015.
  3. 1 2 "Sky News and REA launch property TV show". The Real Estate Conversation. 3 February 2016. Archived from the original on 26 April 2016. Retrieved 26 April 2016.
  4. ↑ "Foxtel Go - A New Way To Watch Foxtel on Mobile, PC And Tablet". Foxtel.com.au. Retrieved 5 January 2015.
  5. 1 2 Knox, David. "Sky Business on the air". TV Tonight. Retrieved April 8, 2015.
  6. ↑ "Foxtel adds Business Channel". Tvtonight.com.au. Retrieved 5 January 2015.
  7. ↑ "AUSTRALIA'S FIRST 24-HOUR BUSINESS CHANNEL TO LAUNCH IN EARLY 2008". Foxtel.com.au. Retrieved 5 January 2015.
  8. ↑ "Vision for Innovation Online: making your business relevant". Australia-Israel Chamber of Commerce. November 25, 2014. Retrieved April 8, 2015.
  9. ↑ "Sky News Business switches on HD - January 19 2016". Foxtel. 14 January 2016. Retrieved 15 January 2016.
  10. ↑ Marsh, Stuart (24 June 2018). "Nine announces new 24-hour business channel with ANC". 9Finance. Nine Entertainment Co. Retrieved 8 August 2018.
  11. ↑ Wallbank, Paul (25 June 2018). "Sky Business rebrands as Your Money in joint venture between News Corp and Nine". Mumbrella. Retrieved 8 August 2018.
  12. ↑ Knox, David (10 September 2018). "Your Money channel to launch on October 1". TV Tonight. Retrieved 10 September 2018.
  13. ↑ "Sky News Business Channel". Mcn.com.au. Retrieved 5 January 2015.
  14. ↑ "The Perrett Report". Skynews.com.au. Retrieved 5 January 2015.
  15. ↑ "Switzer". Skynews.com.au. Retrieved 5 January 2015.
  16. ↑ "Your Money Your Call". Skynews.com.au. Retrieved 5 January 2015.
  17. ↑ Buzz Bissinger (June 1, 2015). "Introducing Caitlyn Jenner". Vanity Fair. Retrieved June 1, 2015.
  18. ↑ Knox, David (April 24, 2015). "Bruce Jenner: The Interview live on SKY News Business". TV Tonight. Retrieved April 24, 2015.
  19. ↑ "Janine Perrett(New South Wales)". Australia Day. Retrieved April 8, 2015.
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